International oil prices

Petrol, diesel price to fall only on sustained drop in international oil prices

That excise cut and VAT reduction helped bring down fuel prices from record highs

Oil marketing companies shares drop 13%, after hike in excise duty on petrol, diesel

Hindustan Petroleum Corporation Ltd shares tanked 13 percent, Bharat Petroleum plunged 9.99 percent and Indian Oil dropped 7.49 percent

Fire rages from fuel prices

The most curious part is that while oil prices were at least $112 per barrel in May 2014 when the BJP-NDA took over.

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